Economy

Tourism minister directs NAC to expedite process to purchase aircraft

Kathmandu / Sept 9: Minister for Culture, Tourism and Civil Aviation Yogesh Bhattarai has directed Nepal Airlines Corporation (NAC) to immediately expedite the purchase plan of aircraft for domestic flights to provide services to the people living in mountain and remote areas. Minister Bhattarai made the directives to the state-owned airlines at a joint meeting […]


Finance Minister Khatiwada resigns

Kathmandu / Sept 4: Finance Minister Yubaraj Khatiwada has tendered resignation from his ministerial position. Officials at the Ministry of Finance said Finance Minister Khatiwada, who also held the ministerial portfolio of the Ministry of Communications and Information Technology, tendered his resignation to Prime Minister KP Sharma Oli on Friday evening. Khatiwada had taken part […]


China proceeds ahead with study of Kathmandu-Kerung railway

Kathmandu / Aug 31 : The Government of China has proceeded ahead the study of Kathmandu-Kerung railway in its territory. The project however has been affected by global COVID-19. The study will be carried out on the area from Shigatse to the border with Nepal. China conducting the study has been a positive move at […]


Tourism projects hit hard by Pandemic: Bhattarai

Modnath Dhakal, Kathmandu / Aug. 26: The coronavirus pandemic has hit hard the tourism sector and seriously affected projects under the Ministry of Culture, Tourism and Civil Aviation (MoCTCA). Construction of three international airports in Bhairahawa, Pokhara and Nijgadh were affected and none of them could meet the target set for the Fiscal Year 2019/20. […]


Public borrowing in Nepal hits Rs 44,892 per head

Kathmandu / Aug 23: Per capita debt of Nepal has reached Rs 44,892 as direct consequences of a massive increase in government borrowing triggered by the slow growth in revenue collection, increase in development works and unproductive government spending. As of last mid-July, the total outstanding debt of the federal government stood at Rs 134.67 […]


Schedule for regular int’l flight to be ready by Tuesday

CB Adhikari, Kathmandu, Aug. 23: The Ministry of Culture, Tourism and Civil Aviation is gearing up to prepare the schedule for the regular international flight that would be resumed from September 1 after nearly five months. The flights will bring home stranded Nepalis abroad on a priority basis. The regular international flights would be conducted […]


NEA to launch programs to increase domestic consumption of electricity

Kathmandu / Aug 17: Minister for Energy, Water Resources and Irrigation Barshaman Pun has said that the Nepal Electricity Authority’s (NEA) success has also added challenges. Speaking at a program organized to mark the 35th anniversary of NEA on Monday, Minister Pun expressed a commitment to extend all the necessary support to make the organization […]


Arizona University and rem.work forge partnership to help students to obtain US degree in Nepal

Kathmandu / July 28: The University of Arizona, Tucson, Arizona, USA, and rem.work, Kathmandu, Nepal, have forged a Global Campus coworking space partnership to help students start or continue a U.S. degree without leaving their home country. With this partnership, students apply to and are admitted to the University of Arizona, receive a University of […]


Hotels and restaurants start their service from today

Kathmandu / July 30 : Hotels and restaurants closed for the past four months due to lockdown have resumed their business from today. The government had decided to resume the hotel business from July 30 after the four-month lockdown. Offices related to trekking, travel and mountaineering are coming into operation in view of tourism season. […]


Over 34 thousand Nepalese repatriated home from abroad via chartered flights

Kathmandu / July 23: Over 34 thousand Nepalese have returned home from abroad during the lockdown period till Wednesday. They were brought in the country via different chartered flights since June 5. The first chartered flight was made from Myanmar on June 5 carrying 26 Nepali migrant workers during the lockdown. It is shared that […]




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